Chile's trade surplus narrowed to USD 1031 million in January 2019 from USD 1151 million in the same month of the previous year. Imports rose 3.0 percent year-on-year to USD 5639 million, mainly due to higher purchases of capital goods (17.7 percent), namely other machinery (51.3 percent) and machinery for mining and construction (20.6 percent). Meanwhile, imports dropped for consumer goods (-0.1 percent), of which durable (-0.8 percent) and intermediate (-1.8 percent), mainly energy products (-7.0 percent). Exports went up 0.6 percent to USD 6671 million in January, mostly driven by sales of agricultural goods (7.3 percent) and manufactured goods (2.0 percent). On the other hand, sales of mining products declined (-3.3 percent). Balance of Trade in Chile averaged 5304.49 USD Million from 1991 until 2019, reaching an all time high of 1031000 USD Million in January of 2019 and a record low of -1384.72 USD Million in October of 2008.

Balance of Trade in Chile is expected to be 1450.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Chile to stand at 1380.00 in 12 months time. In the long-term, the Chile Balance of Trade is projected to trend around 100.00 USD Million in 2020, according to our econometric models.

Chile Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-07 11:30 AM Balance of Trade $-220M $-120M $ -150M
2018-12-07 11:30 AM Balance of Trade $334M $-217M $ -200M
2019-01-07 11:30 AM Balance of Trade $600M $330M $ 500M
2019-02-07 11:30 AM Balance of Trade $1031M $596M $900M
2019-03-07 11:30 AM Balance of Trade $1031M
2019-04-08 11:30 AM Balance of Trade
2019-05-07 11:30 AM Balance of Trade


Chile Trade Last Previous Highest Lowest Unit
Balance of Trade 1031.18 595.55 2968.68 -1384.72 USD Million [+]
Current Account -3395.00 -2466.00 3256.31 -5054.86 USD Million [+]
Current Account to GDP -1.50 -1.40 4.50 -14.00 percent [+]
Imports 5639.38 5941.15 7865.59 492.60 USD Million [+]
Exports 6670.56 6536.70 7760.56 644.40 USD Million [+]
External Debt 183641.96 182569.82 184303.62 2435.00 USD Million [+]
Capital Flows -5011.08 -1508.68 13891.49 -5487.39 USD Million [+]
Gold Reserves 0.25 0.25 35.96 0.21 Tonnes [+]
Terms Of Trade 97.92 98.65 122.50 58.80 Index Points [+]
Terrorism Index 3.45 3.25 3.97 0.50 [+]
Tourist Arrivals 387217.00 339000.00 521425.00 50093.00 Persons [+]
Foreign Direct Investment -306.76 -1901.73 931.17 -6259.76 USD Million [+]
Crude Oil Production 3.00 3.00 13.00 2.30 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Chile Balance of Trade

Chile has been recording trade surpluses since 1999, mostly due to a rise in shipments of copper. The most important non mineral exports are chemicals and metals, machinery and equipment , processed food, forestry and wood products, fresh fruit, salmon and wine. On the other hand, the country imports mostly energy products, chemicals, cars, apparel and machinery and equipment. In 2017, the biggest trade surpluses were recorded with Japan and China while the largest trade gaps with Brazil, Argentina and the US. This page provides the latest reported value for - Chile Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Balance of Trade - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1031.18 595.55 2968.68 -1384.72 1991 - 2019 USD Million Monthly




Country Last Previous
Argentina 1369.00 Dec/18
Australia 3681.00 Dec/18
Brazil 2190.00 Jan/19
Canada -2060.10 Nov/18
China 391.60 Jan/19
Euro Area 16990.70 Dec/18
France -4653.00 Dec/18
Germany 13900.00 Dec/18
India -14730.00 Jan/19
Indonesia -1159.50 Jan/19
Italy 3658.00 Dec/18
Japan -55.29 Dec/18
Mexico 1836.32 Dec/18
Netherlands 3572.00 Dec/18
Russia 18856.00 Dec/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 17167.41 Dec/18
South Korea 1336.00 Jan/19
Spain -2568800.00 Nov/18
Switzerland 1787.14 Dec/18
Turkey -2674.41 Dec/18
United Kingdom -3229.00 Dec/18
United States -49313.00 Nov/18


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